CLGCFI Goes on an Investment Mission to Japan
Central Luzon Growth Corridor Foundation, Inc. (CLGCFI) President and Tarlac Governor Victor A. Yap led a 7-man delegation to an investment mission to Tokyo, Japan on July 28 to 31, 2015.
Said mission was participated in by DTI-3 Regional Director and CLGCFI Member Judith P. Angeles, Aurora Pacific Economic Zone and Freeport Authority (APEZFA) President and CEO Gerardo D. Erguiza, Bulacan Provincial Cooperative and Enterprise Development Office (PCEDO) Chief Cynthia P. Abiol, Nueva Ecija Provincial Trade & Investment Office (PTIO) Chief Alfred L. Ilagan, Zambales Provincial Administrator Jun Omar Ebdane and the CLGCFI secretariat.
The mission aimed to promote Central Luzon as an investment destination, its business opportunities, and possible tie-ups and linkages with the Japanese business community.
No less than Ambassador Manuel Lopez welcomed the Central Luzon delegation and expressed his optimism in the potential partnerships that may arise with the Japanese counterparts through the investment seminar, business to business meetings, and company visits planned for the 4-day mission.
With the assistance of Philippine Trade and Investment Center (PTIC) Commercial Counsellor Bernardita Mathay, the group visited Daiwa House Industry Co., Ltd. in Iidabashi, Tokyo. The company is into building, contracting, sale property management of single family houses, condominiums, commercial facilities, and shopping houses which are energy-efficient and tailored to local demands.
To promote the tourism sector of the region, CLGCFI also explored possible tie-ups with H.I.S. Co., Ltd. in Shinjuku, Tokyo. H.I.S. provides diverse product lineup from single airline tickets to package tours worldwide.
The PTIC also organized the Central Luzon Investment Seminar which was attended by seventy-two (72) company representatives within and around Tokyo. CLGCFI President Victor Yap presented Central Luzon, its economic performance and distinct advantages that makes it an ideal investment destination. He specifically highlighted the region’s strategic location, its expanding infrastructure, the available investment locations, its economic market and spheres of influence, and its reliable manpower and unified government support. The rest of the delegates were also given the opportunity to present their provinces and their respective business offers.
Pre-arranged business-to-business meetings allowed each Central Luzon delegate to meet with potential Japanese partners based on their identified areas of interest. At end, a number of Japanese counterparts signified interest in doing business in Central Luzon.
Given the agreements and tie-ups initiated during the mission, CLGCFI commits to undertake follow-through activities by sustaining and strengthening coordination with the Japanese counterparts, including the hosting of their return missions for them to better appreciate the prospects of the region as their next investment destination.
